3i Group (LON:III) had its price objective boosted by research analysts at Barclays from GBX 1,015 ($12.49) to GBX 1,120 ($13.78) in a note issued to investors on Monday, ThisIsMoney.Co.Uk reports. The firm presently has an “overweight” rating on the stock.
Several other equities research analysts have also recently weighed in on the stock. Morgan Stanley dropped their price target on shares of 3i Group from GBX 880 ($10.83) to GBX 852 ($10.48) and set an “equal weight” rating for the company in a research report on Thursday, May 21st. Citigroup reissued a “hold” rating and set a GBX 974 ($11.99) price target on shares of 3i Group in a research report on Friday, June 12th.
The company has a current ratio of 9.18, a quick ratio of 8.51 and a debt-to-equity ratio of 7.27. 3i Group has a twelve month low of GBX 8.15 ($0.10) and a twelve month high of GBX 1,189 ($14.63). The company’s 50 day moving average is GBX 1,056.52. The company has a market cap of $7.35 billion and a P/E ratio of 5.72.
3i Group (LON:III) last released its earnings results on Thursday, May 14th. The company reported GBX 22.10 ($0.27) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of GBX (75.50) (($0.93)) by GBX 97.60 ($1.20).
3i Group Company Profile
3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.
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